Hong Kong businesses operating in mainland China have said the raising of retirement ages may lead to higher manpower costs, but firms can adapt to the gradual age extension and benefit from a more stable workforce. China’s top legislative body on Friday passed legislation to gradually lift the retirement age from 60 to 63 for
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The Hidden Costs of the EV Retreat
(To get this story in your inbox, subscribe to the TIME CO2 Leadership Report newsletter here.) In recent months, major automakers have announced plan after plan to slow their transition to electric vehicles. Last week, Volvo said it wouldn’t move as quickly as planned to an all-EV lineup. And, over the summer, both GM and